March 21, BUDGET PRESENTATION- ROADS CAPITAL PROJECTS WATER WASTEWATER

Overview – FY15/16  Completed first year of bond projects  total miles of streets completed in FY15/16  Total spent $7.36 million ($3.29 million bond)  Ardmore Streetscape  Federal Grant ($900,192)

 Street Improvements  2015 Street Resurfacing Project (3.26 miles)  2015 Concrete Street Improvement Program (1.15 miles)  Twin Lakes Area Street Improvement Program (1.36 miles)  Harvard Avenue Widening and Resurfacing (0.31 miles)  Museum parking lot  Street Maintenance  Pavement patching (2.60 miles; joint bid project)  Crack sealing (6.19 miles; joint bid project)  Asphalt rejuvenation (3.67 miles)  Design for FY 16/17

Summary Number of Streets19 Number of Blocks61 Total Length (ft)30,811 Total Length (mi)5.84 (excludes maintenance programs) Street Maintenance$375,000 Non-Referendum Road Cost$1,791,004 Referendum Road Cost$4,948,024 Total Road Cost$7,114,028 Total Fund Budget$7,997,362

Proposed Bond Issue Projects  2016 Street Improvement Program  Park (Villa to East End) (completion)  Michigan (Park to Madison)  Princeton (Terrace to Ridge)  College Streets Improvement Project  Design for 2017 Projects

Proposed Non-Bond Capital Projects  2016 Street Improvement Program  College Streets Improvement Project  High Ridge Road Resurfacing Project (Grant)  Roosevelt Road Safety Improvements (IDOT)  Design for 2017 Projects

Proposed Maintenance Projects  Pavement patching ($150,000 budget; joint bidding)  Crack sealing ($150,000 budget; joint bidding)  Asphalt rejuvenation ($75,000 budget)  Ardmore Bridge Retaining Wall ($25,000 budget)  Traffic signs/signals  In-house base repair & patching

Revenue  No dedicated or reliable source  Corporate Transfers  Grant reimbursements  Sales/Lease Financing  Fees  Cost share with residents

Projects  Sidewalk Program  50/50 cost share  North Side Sidewalk Construction  $950,400 federal grant

Expenditures  Six Vehicle/Equipment Lease Purchase  Fire apparatus lease payment  3 Police Patrol Units  Fire Truck Reserve  Unfunded vehicles/equipment (4)

 Other capital equipment ($98,015)  Recreation and Permitting Software  Defibrillators and Fire Hose  Phone System Upgrade  Unfunded items (14)

 Capital Projects  Swimming pool improvements  Community Garden (grant)  Jackson/Islamic garage/shed  Floor Replacements (ICC & PW)  Gazebo  Unfunded Projects (10)

 Floodplain consulting & elevation certificates (maps still pending)  Monterey ditch & bio-retention (grant)  Drainage projects (cost sharing)  Permit review (ongoing)  $1.5 million CDBG-DR ($550,000 budgeted)

 Unfunded drainage projects  Michigan (Madison to Jackson) storm sewer  Flood Control Study Projects  Combined sewer separation (waste water)  Unfunded drainage system maintenance  Ditching program

FY 15/16FY 16/17 Beginning Balance$1,916,945$1,100,159 +Operating revenues$4,709,700$4,983,800 ‐Operating expenses$4,663,944$4,658,133 -Debt$65,639 Net Revenue($19,883)$260,028 +Grants/Loans$396,350$3,927,207 -Capital Items$1,193,253$4,577,810 Net cash flow($816,786)($390,575) End Balance$1,100,159$709,584

Revenue  Updated Rate Study – April 2016  Positive operating cash flow $260,028  Ending 55 day fund balance of $709,584  Prepare new loan applications - $2.4 million  Decline in billable metered consumption

Expenditures  Water purchase costs ($2.90 million)  System operation and maintenance  Water loss reduction  Leak survey, meter testing & replacement  Proposed water audit  Capital items  Valve exerciser/vehicle  Generator (Cornell)

Capital Expenditures  Water main replacement  Princeton (Plymouth to Ridge)  Michigan (Park to Madison; IEPA loan)  College Streets (IEPA loan)  Water system repairs  Park (Villa to east end)  2016 Street Improvements  Design for 2017 projects

Revenue  Updated rate study – April 2016  Revenue also based on billable consumption  Positive operating cash flow – $467,377  Maintain 167 days operating balance – $608,036  IEPA loans – master plan projects  Need funding for combined sewer separation

Expenditures  Maintenance of collection system  WWFTF  Continue IEPA loan repayments (3 loans)  IEPA Mandates (90% completed)  Long Term Control Plan  Capacity, Management, Operation and Maintenance (CMOM)

Expenditures  Capital items  WWFTF replacements  Sewer Reimbursement Program  Sewer Point Repairs  Vehicle

Expenditures - Projects  Road Project Components  Michigan – Park to Madison  Park – Villa to East End  Princeton – Terrace to Plymouth  College Streets  IEPA Loan Funded Projects  Master Plan Projects ($1.26 million)  Unfunded Projects (see CIP)

Summary Number of Projects58 Number of Road Projects45 Total Length of Road Projects (ft)101,051 Total Length of Road Projects (mi)19.14 Non-Referendum Road Projects Cost (Road Only)$3,519,838 Referendum Road Projects Cost (Road Only)$20,121,969 Total Road Projects Cost (Road Only)$23,641,807 Total Overall CIP Cost$86,934,731

Funding SourceTotal Kenilworth TIF$669,000 North Avenue TIF$189,433 Target TIF$100,000 Street Improvement$3,519,838 GO Bonds$20,121,969 Capital Projects$641,585 Stormwater Buyout$100,000 Stormwater$197,950 Sewer Separation$20,267,750 Flood Control$14,615,172 Water Supply$2,262,206 Wastewater$1,821,094 CDBG-DR Grant$1,716,250 IEPA Loan$14,657,960 Private Funds$170,000 STP Grant$4,793,024 IGIG Grant$55,950 TCM Grant$950,400 Other Grant(s)$18,650 Equipment Replacement Fund$26,500 TOTAL$86,934,731